Bridgepoint Capital has provided £10m (€16.7m) in equity capital to Hatch Group, the new public relations company that has been launched by the former deputy chief executive of Shandwick International.

Hatch Group also received an additional £10m in debt financing from Bank of Scotland for a total funding package of £20m. Bridgepoint and Bank of Scotland are understood to have won the right to fund Hatch Group over rival private equity firm Penta Capital.